As Dallas Real Estate becomes even more of a hot commodity, it was only a matter of time before developers set their eyes on other parts of Dallas that need redeveloping including Downtown Dallas’s East Side.
Developers buying up blocks of buildings and land on the eastern edge of downtown Dallas think they are in the right spot to make something happen.
Located between Deep Ellum and Dallas’ financial district at Commerce Street and Cesar Chavez Boulevard, the area hasn’t changed much in decades. Commercial buildings from the early 20th century line streets between downtown’s skyscrapers and the Farmers Market.
Shawn Todd thinks this forgotten corner of downtown can be Dallas’ next reborn neighborhood. He’s heading a partnership that’s buying about two dozen buildings and land to create a retail and office project that will cater to business entrepreneurs and creative and tech companies.
“This neighborhood already has so many things happening for it,” Todd said. “It’s one of the best kept secrets downtown.
“We view these buildings as true gems,” he said. “We want to preserve these buildings and compliment it with new development.”
Todd — whose credits include renovation of downtown’s historic Post Office and redevelopment of the I.M. Pei-designed One Dallas Center — plans to remodel and repurpose buildings that once housed auto dealerships, parts warehouses and the like.
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